-
--I'm exaggerating a little bit so you can see but
-
--and then it jumps up or it jumps down here;
-
this is the idea.
-
What Kahneman and Tversky said in their original 1979 article is,
-
we act as--there's a wide range of probabilities here
-
that are all kind of blurred and put together.
-
We minimize and
-
–emotionally, the difference between probabilities
-
--they're all kind of in the middle.
-
So, when I said twenty or twenty-five,
-
in your mind you said, here's twenty and here's twenty-five
-
but I don't think they're much different to me emotionally.